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ST LOUIS BUSINESS NEWS



Peabody Energy Bid for Excel Coal Gets Shareholders Approval
Peabody Energy (NYSE: BTU) announced today that Excel Coal shareholders have approved the sale of Excel to Peabody for $9.50 per share. The purchase price totals approximately US$1.5 billion (including previously purchased shares) plus approximately US$300 million in assumed debt. Following court approval of the vote, the company anticipates financial closing of the transaction later this month.More ]
Oct 5, 2006, 10:25


Panera Reports Third Quarter Revenues Increased 30%
St Louis based Panera Bread Company today reported revenue increased 30% to $205 million for the third quarter ended September 26, 2006 from $158 million in the comparable period of 2005. Bakery-cafe sales accounted for $165 million of consolidated revenues while franchise royalties and fees and fresh dough sales to franchisees accounted for $40 million.More ]
Oct 4, 2006, 22:31


Local Companies Team to Provide Broadband Over Power Lines
St Louis-based Ameren Energy Communications and River City Internet Group (RCIG) have partnered with Telkonet, Inc. of Germantown, Md., to provide a unique in-building broadband over power lines (BPL) platform to commercial and multi dwelling unit facilities in Ameren’s Missouri and Illinois service areas.More ]
Sep 27, 2006, 12:46


St. Louis Small Business Expo Coming
Experience the 6th annual St. Louis Small Business Expo where you can meet one-on-one with over 140 exhibitors and 1,000 attendees. Additionally, seminars will be conducted throughout the day with topics including loans, marketing, sales and more. The event is free and open to the public.More ]
Sep 6, 2006, 18:31


St. Charles Mortgage Company will Pay $15,000 over No Call Complaints
A St. Charles company that provides home mortgage services will pay $15,000 to the state of Missouri and develop a detailed plan to ensure further compliance with the state's No Call law under a settlement obtained by Attorney General Jay Nixon.More ]
Aug 23, 2006, 19:50


Boeing Director Guilty of Defrauding Employer
A former Boeing Director of Supply Chain Management, was sentenced to one year and one day in prison today for using Boeing expense cards to make personal purchases that included a $52,000 BMW automobile and was also ordered to pay restitution of $299,382.69.More ]
Jun 23, 2006, 23:04


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